Publishing its preliminary third quarter financials Hapag-Lloyd the container line reported an EBITDA of $3.6 billion and EBIT of approximately $1.9 billion for the first nine months of 2024. This compared to an EBITDA of…
The German line will be closing the JCS service as of the end of February 2025, as it opts to deploy its vessel on one of Gemini services. This route is jointly operated…
Centuries ago, estuaries around the world were teeming with birds and turbulent with schools of fish, their marshlands and endless tracts of channels melting into the gray-blue horizon. Fast-forward to today, and in…
On Thursday, dockers at the port of Piraeus blocked the shipment of one container of ammunition bound for Israel, showing their objections to the ongoing Israeli operation in Gaza. The Dockworkers Union of…
Restructured from Hong Kong Maritime and Port Board, Hong Kong newly establishes Hong Kong Maritime and Port Development Board to strengthen Hong Kong’s position as an international shipping hub. “The Hong Kong government…
Confronted by an array of security threats ranging from opportunistic intrusion, tampering and theft to the trafficking of drugs and people by transnational organised crime networks, container and cargo integrity is understandably a…
Two merchant ships have sustained damage from missile and drone attacks in the Red Sea, according to warnings issued by UKMTO. In the first incident, a ship initially reported four splashes in close…
A bulk carrier that runs a route from Sevastopol to Syria picked up four boxes on its most recent voyage from the occupied port A BULK carrier directly controlled by the Russian government…
The maritime industry is on the brink of a significant transformation, driven by the adoption of digital twins. As the volume of global trade continues to increase, maritime ports must manage operations more…
With the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) reaching tentative agreement on wages the strike at East and Gulf coast ports was called off. The two sides now…